Analysts Offer Insights on Financial Companies: Apollo Global Management (APO), M&T Bank (MTB) and Svb Financial Group (SIVB)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Apollo Global Management (APOResearch Report), M&T Bank (MTBResearch Report) and Svb Financial Group (SIVBResearch Report).

Apollo Global Management (APO)

In a report released today, Michael Cyprys from Morgan Stanley maintained a Buy rating on Apollo Global Management, with a price target of $88.00. The company’s shares closed last Friday at $66.92, close to its 52-week low of $66.26.

According to TipRanks.com, Cyprys is a 4-star analyst with an average return of 9.4% and a 59.7% success rate. Cyprys covers the Financial sector, focusing on stocks such as BrightSphere Investment Group, Intercontinental Exchange, and Victory Capital Holdings.

Currently, the analyst consensus on Apollo Global Management is a Moderate Buy with an average price target of $88.00, implying a 32.4% upside from current levels. In a report issued on January 12, Citigroup also maintained a Buy rating on the stock with a $105.00 price target.

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M&T Bank (MTB)

In a report released today, Betsy Graseck from Morgan Stanley maintained a Hold rating on M&T Bank, with a price target of $185.00. The company’s shares closed last Friday at $161.65.

According to TipRanks.com, Graseck is a 4-star analyst with an average return of 8.0% and a 52.3% success rate. Graseck covers the Financial sector, focusing on stocks such as Discover Financial Services, Capital One Financial, and Huntington Bancshares.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for M&T Bank with a $186.43 average price target, implying a 12.7% upside from current levels. In a report issued on January 10, Jefferies also maintained a Hold rating on the stock with a $183.00 price target.

Svb Financial Group (SIVB)

Morgan Stanley analyst Manan Gosalia maintained a Buy rating on Svb Financial Group today and set a price target of $935.00. The company’s shares closed last Friday at $624.41.

According to TipRanks.com, Gosalia is a 3-star analyst with an average return of 13.0% and a 55.6% success rate. Gosalia covers the Financial sector, focusing on stocks such as Raymond James Financial, First Republic Bank, and Evercore Partners.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Svb Financial Group with a $850.38 average price target, a 35.4% upside from current levels. In a report released today, Wedbush also maintained a Buy rating on the stock with a $860.00 price target.

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